2608 W Pierson St

Phoenix, AZ 85017

$799,900
Price
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Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Ucb ( Under Contract - Backups )
Ucb ( Under Contract - Backups )
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Description

Four at Pierson | W Pierson Street | Phoenix, AZ 85017. Positioned in a high-demand rental corridor just minutes from Grand Canyon University, major parks, and immediate freeway access, Four at Pierson presents a Four at Pierson presents a remodeled (3 out of the 4 units are extensively remodeled) converted fourplex investment opportunity in the heart of Phoenix. This thoughtfully upgraded property consists of four (4) one-bedroom, one-bathroom units, each extensively renovated with updated flooring,...Four at Pierson | W Pierson Street | Phoenix, AZ 85017. Positioned in a high-demand rental corridor just minutes from Grand Canyon University, major parks, and immediate freeway access, Four at Pierson presents a Four at Pierson presents a remodeled (3 out of the 4 units are extensively remodeled) converted fourplex investment opportunity in the heart of Phoenix. This thoughtfully upgraded property consists of four (4) one-bedroom, one-bathroom units, each extensively renovated with updated flooring, modernized kitchens, and refreshed bathrooms. The improvements provide strong tenant appeal while minimizing near-term capital expenditure. All units are currently leased through Home Inc, with rental income ranging from $1,467 to $1,590 per unit, offering stabilized cash flow... in a prime university adjacent location. Recent capital improvements include the full replacement of existing sewer lines, providing a significant infrastructure upgrade and reducing future deferred maintenance risk. Investment Highlights:
(3 out of the 4 units are extensively remodeled) Fourplex
Four 1BR / 1BA units
Strong in-place rents: $1,467-$1,590 per unit
Sewer lines recently replaced
Prime proximity to GCU, parks, retail, and major freeways
Professionally managed (Home Inc)
Seller Financing Opportunity:
Seller is willing to carry $50,000 down and will structure an exact wrap of the existing note at 7.25% interest rate, creating a compelling financing option for qualified buyers. All facts and figures are approximate. Buyer to verify all MLS information and conduct independent due diligence.
  1. Listed by Sophia J Willets • Brokerage DRE #LC692138000 • Get Multifamily
    P: (561)-269-9525 C: (561)-269-9525 sophia@gracecre.com
  2. Listed by Garrett Pedicini • Brokerage DRE #LC692138000 • Get Multifamily
    P: (602)-791-9497 C: (602)-791-9497 garrett.pedicini@gmail.com

Property Details for 2608 West Pierson Street

Subdivision Name
ALTRO TERRACE
View YN
No
Zoning
R-3
LISTING UPDATED: 04/10/2026 11:02 AM

Property Details for 2608 West Pierson Street

StatusUcb ( Under Contract - Backups )
MLS #6982836
Days on Market58
Taxes$2,025 / year
HOA Fees-
Condo/Co-op Fees$2,000 / month
Property TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1961
Lot Size0.19 AC / 8,197 SF
CountyMaricopa County
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Location

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Building Information for 2608 West Pierson Street

Stories-Residences4Year Built1961Building Size-Lot Size0.19 AC / 8,197 SF

Payment Calculator

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$6,197 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,028

Property Taxes

$169

HOA Dues

$2,000

The Payment Calculator is for illustrative purposes only.

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Property Information for 2608 West Pierson Street

Summary
Location and General Information
  • Unparsed Address: 2608 W PIERSON Street, Phoenix, AZ 85017
  • City: Phoenix
  • Coordinates: -112.115228, 33.507902
  • Country: US
  • County Or Parish: Maricopa
  • Latitude: 33.507902
  • Longitude: -112.115228
  • Postal City: Phoenix
  • Postal Code: 85017
  • Postal Code Plus4: 3681
  • State Or Province: AZ
  • Street Suffix: Street
  • Year Built: 1,961
Taxes and HOA
  • Tax Annual Amount: $2,025.00
  • Tax Book Number: 154.00
  • Tax Legal Description: LOT 17 ALTRO TERRACE MCR 005235
  • Tax Lot: 17
  • Tax Parcel Letter: A
  • Tax Year: 1,506
Parking
  • Covered Spaces: 4
  • Garage YN: No
  • Open Parking Spaces: 4
  • Open Parking YN: Yes
  • Parking Features: <1 Space Per Unit, On Street
  • Parking Total: 8
School Information
  • Elementary School District: Alhambra Elementary District
  • High School District: Phoenix Union High School District
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 62.45 X 131.27
Property and Assessments
  • Disclosures: None
  • Documents Change Timestamp: 02-11-2026 07:00:53 PM
  • Documents Count: 1
  • Ownership: Fee Simple
  • Parcel Number: 15404017A
  • Property Type: Multiple Dwellings
  • Public Survey Range: 2E
  • Public Survey Section: 24
  • Public Survey Township: 2N
  • Road Surface Type: Gravel
Utilities
  • Electric: SRP
  • Electric Expense: $868.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Sewer Expense: $2,522.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Painted, Block
  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Roof: Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Central Air, Heat Pump
  • Cooling YN: Yes
  • Flooring: Vinyl
  • Heating: Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $368.00
  • Gross Income: $68,559.60
  • Gross Scheduled Income: $72,168.00
  • Insurance Expense: $3,000.00
  • Maintenance Expense: $2,000.00
  • Net Operating Income: $52,977.00
  • Operating Expense: $15,582.00
  • Professional Management Expense: $4,799.00

Property History for 2608 West Pierson Street

DateEvent & SourcePriceAppreciation
Apr 10, 2026

In Contract

ARMLS #6982836

—
Feb 11, 2026

Listed (Active)

ARMLS #6982836

$799,900—
Dec 25, 2025

Temporarily Off Market

ARMLS #6886804

—
DateEvent & SourcePrice
04/10/2026

In Contract

ARMLS #6982836

—
02/11/2026

Listed (Active)

ARMLS #6982836

$799,900
12/25/2025

Temporarily Off Market

ARMLS #6886804

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2608 West Pierson Street

Taxable ValueLand-Additions-Total-
Tax Record2025$1,506 ($125 / month)
Home Facts
Total Finished SqFt2,328 SqFtAbove Grade Finished SqFt2,328 SqFtStories1Lot Size8,266 SqFtStyleTriplexYear Built1961ZoningR-3CountyMARICOPAAPN154-04-017A

Schools near 2608 West Pierson Street

This home is within Alhambra Elementary District.
Rating
School
Type
Grades
Distance
Granada Elementary School-West Campus
Public - PK to 4
Granada East School
Public - 4 to 8
Phoenix Coding Academy
Public - 9 to 12
Alhambra High School
Public - 9 to 12
Rating
School
Distance
Granada Elementary School-West Campus
PublicPK to 4

Granada East School
Public4 to 8

Phoenix Coding Academy
Public9 to 12

Alhambra High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.